You are here:

New UK cyber security centre to work with Bank of England

The UK’s new national cyber centre will collaborate with the Bank of England on new cyber security guidance for financial firms when it opens later this year, the government has said.

The Cabinet Office announced that the National Cyber Security Centre (NCSC) will be based in London and start operating in October. It said one of the NCSC’s first tasks will be to work with the Bank of England to “produce advice for the financial sector for managing cyber security effectively”.

“This important work with the Bank of England is paramount to ensuring that businesses of all shapes and sizes understand the threats and what they can do to mitigate them,” Cabinet Office minister Matt Hancock said. “We’ll do this by informing the entire business community and public sector about emerging threats, providing support when attacks happen and educating everyone on how best to stay safe online.”